Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against edgeX−0.145%75s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.145%, 7d avg +0.017%
Together, before fees+0.150%+ Points / potential airdropedgeX: Active · farm board+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.162% cheaper against edgeX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX DOGEUSDC0.099040.0100pay 0.0050% / 4h3m 38s$300K$139.4M20x
ShortSoDEX DOGE-USD0.098900.0100get 0.0013% / 1h3m 38s$2K$5.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against edgeX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.145% → +0.017%
−$16.18
Slippage, 4 orders
−$5.2
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$38.38
Costs to cover
0.222%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; SoDEX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 1 min ago2.02 bp6.5 bp −$76.9 bp −$6914.2 bp −$1,419doesn't fit
Sell SoDEX live order book, just now0.51 bp4.6 bp −$58.0 bp −$80148.3 bp −$14.8Kdoesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0061%1h0.09892−0.126%$5.5M$40.8M50xas long as short
Bitget DOGEUSDT−0.0003%8h0.09871−0.336%$139.9M$347.7M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09893−0.114%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09883−0.216%$35K150xas long as short
Polymarket Perps DOGE-USD+0.0031%1h0.09878−0.265%$257K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.317%$6K$242K12xas long as short
dYdX DOGE-USD+0.0038%1h0.09888−0.170%$222K$63K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0084%1h0.09892−0.120%$568K$263K25xas long as short
Lighter DOGE+0.0096%1h0.09893−0.110%$825K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09887−0.170%$535K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid DOGE+0.0100%1h0.09896−0.088%$123.3M$117.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09886−0.187%$4.9M$59.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09885−0.191%$321K$507K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09886−0.183%$326.6M$1.72B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09881−0.235%$163.6M$525.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09885−0.195%$115.0M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09880−0.246%$16K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09910+0.057%$378K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09881−0.235%$248.8M$159.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09879−0.256%$116.3M$259.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09884−0.205%$66.0M$49.9M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09878−0.266%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09888−0.165%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09890−0.143%$1.0M$8.6Mas long as short
edgeX DOGEUSDClong+0.0100%4h0.09904long leg$300K$139.4M20x
GRVT DOGE_USDT_Perp+0.0100%8h0.09904−0.002%$627K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09910+0.057%$142K$346K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09887−0.175%$70K$478K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09907+0.025%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09888−0.163%$34K$2.3M30xas long as short
SoDEX DOGE-USDshort+0.0100%1h0.09890−0.145%$2K$5.5M10x
HTX DOGE-USDT+0.0100%8h0.09892−0.125%$5.8M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09891−0.135%$90.4M$16.8M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09882−0.221%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09874−0.310%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09890−0.148%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09879−0.256%$1K$542K10xas long as short
Phoenix DOGE+0.0160%1h0.09904−0.003%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0201%1h0.09882−0.230%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09889−0.155%$1.9M$34.9M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09896−0.084%$15.4M$26.9M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09886−0.184%$440$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0377% / S −0.0750%1h0.09883−0.217%$615K200xas long as short
RISEx DOGE/USDC+0.0731%1h0.09885−0.195%$398K$456K10xas long as short